Three Corners Markets paid an annual dividend of $1 a share last month. Today, the company announced that future dividends will be increasing by 2.5 percent annually. If you require a return of 13.7 percent, how much are you willing to pay to purchase one share of this stock today

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as